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USG USCF Gold Strategy Plus Income Fund

27.4046
-0.2254 (-0.82%)
01 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
USCF Gold Strategy Plus Income Fund AMEX:USG AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.2254 -0.82% 27.4046 27.88 27.88 27.88 6 01:00:00

US Treasury Report Confirms $68 Billion In TARP Repayment By 10 Banks

19/06/2009 10:00pm

Dow Jones News


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The U.S. Treasury Department confirmed in a report Friday that 10 big banks are repaying $68 billion in federal government aid.

The firms are JPMorgan Chase & Co. (JPM), Goldman Sachs Group Inc. (GS), Morgan Stanley (MS), BB&T (BBT), U.S. Bancorp (USB), American Express Co. (AXP), Capital One Financial Corp. (COF), Bank of New York Mellon Corp. (BK), Northern Trust Corp. (NTRS) and State Street Corp. (STT).

The report follows a Treasury Dept. announcement last week that big lenders had met the necessary requirements to repay funds they received from the government's financial-rescue fund.

The roughly $68 billion was repaid June 17.

The Troubled Asset Relief Program was started in October to rescue Wall Street. Nearly $200 billion has been doled out to banks around the U.S.

-By Jeff Bater, Dow Jones Newswires; 202-862-9249; jeff.bater@dowjones.com

 
 

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